Originally Posted by
vaporgold
Listen to the autoline interview carefully, Mel stated the numbers are on track, In fact, the only problem Mel said the company is facing is the re-fi. Mel's words not mine.
I won't even begin to go into all the penetration numbers Mel spouted off as to why SiriusXM sub numbers are on track, but it is in the interview.
Now, look at the 5 year plan released earlier this week with the sub numbers forcast down.
Homer, that took place within 12 days of each other. How in the world does a CEO not know where the sub numbers are?
Damian tried to figure out what happened to the sub count all of a sudden as well as myself with no explanation for the drop off that was in the five year forecast.
I was not as concerned with the future numbers as much as to the mangement of SiriusXM stating the current numbers were on track, and now they are not. This is in the five year forecast for this year and the next four years provided by SiriusXM (Mel)
Don't even begin to try and tell me that in 12 days alone the sub numbers tanked so badly they had to make that new forecast for the entire year.
Take heed of the advice from Getitstraight. His comments are on target. We have to watch for the spin
imho
vaporgold